- Lyft has filed with the SEC for its upcoming IPO, and we've combed through to find the most interesting tidbits.
- It will trade on the Nasdaq under the ticker LYFT.
- Full coverage is here.
Lyft listed a number of competitors in its filing.
But its list of competitors for its autonomous cars that is a little more interesting:
Lyft will reward some of its top drivers with bonuses ahead of its IPO.
Lyft said the drivers can use the money to buy shares in the company -- but they're not obligated to.
Besides its executives and board members, several well-known companies own a lot of Lyft's shares.
Here's some of them:
Lyft's filing is just the start of a big year of IPOs.
Bonus: Our Paul R. La Monica breaks down the IPO with Quest in the second half of this video.
The devices, which are popular with commuters, help reduce congestion and complement public transit. That could help offset mounting criticism -- backed by several studies -- that show ridesharing leads to more traffic as people shift from mass transit to cars.
The company says that will give its cofounders more control, giving them:
Lyft users are driving less because they, well, use Lyft. According to its filing:
He also said he wasn't worried about beating Uber to an IPO or vice versa.
"Of all the things that we've faced over the last six years, this is not something I'm concerned about," he said.